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Search Results 0 to 49 of about 77 (some duplicates have been removed)
what was happening. all of us in the auto industry were looking at gm and chrysler. we sought to companies on the verge offailure that were going to take down the entire supplier industry. we also saw an industry that had to be restructured. bill ford is my hero. he fired in self. they put forward in a good place, so they did not have to be rescued. they laid out a map for what had to be done, and everybody had to sacrifice. neil: and the end justifies it because things are back. and is starting with president bush. i'm not criticizing, but it did not lead to a slippery slope. >> once again, the difference between this was, this was not a bailout. a bailout is when you give money to the existing guys. restructuring. the key thing that obama did -- neil: the, the bankruptcy and restructuring. >> but the restructuring was driven by the president's team. a bankruptcy court would never have done that by itself, and it is the reason i don't like the mitt romney passive approach, just turn over to the courts. it would not have moved fast enough. it would not have taken the action t
-out will lead chrysler to shift jobs from jeep plant here to china. >> everybody knows it's not true. the car companies themselves have told governor romney to knock it off. >> romney spokeswoman stood behind the ad charging, "his mismanagement of the process exposed taxpayers to $25 billion loss." companies are expanding production overseas. woman at the president's first event ripped romney in the opening prayer and suggested mr. obama has god on his side. >> a time when 47% of our population we're not surgically excised out of the heart of the country because they were retired or sick or poor. stand tall, mr. president. god is with you. we are with you. >> asked how the president is feeling, david axelrod just told reporters here he has never seen mr. obama more accelerated, adding right now the stump speech is coming from the president's loins. bret? >> bret: from his loins? okay. ed, thank you. >> yes. >> bret: okay. stocks ended the week on a down note. the dow lost 139.5. the s&p 500 dropped 13. the nasdaq fell 38. mitt romney has begun his final push hitting as many of the major tossu
's been running an ad that says so. except it's not true. >> brown: chrysler has said it has no plans to move the jobs. the romney campaign insists it's standing by its claim. there promised to be much more battling over economic policy, with the race in a dead heat and going down to the wire. we look now at the jobs picture with two economists with ties to the presidential candidates: john taylor of stanford university and the hoover institution. he advises the romney campaign on economic issues. and austan goolsbee of the university of chicago's booth school of business. he served as president obama's chairman of the council of economic advisers until last year. to the extent mob set aside the rhetoric of the campaign if you can for a moment, tell us about the bigger picture. what strikes you most, what worries you most about the jobs picture now and in the coming years? >> well, i would say any reputable economist says every month don't just take any one month numbers, try to take a step back and look at the trend that's far more accurate in this. i think if you look at the trend t
that focuses on chrysler building jeeps in china. now we learned a bit about that from stu varney yesterday. in a moment we will have the truth and the fiction in the fight over this controversial message. as of today for a moment now, though we are going to listen to president obama out making his final argument on the campaign trail. >> we see neighbors helps neighbors cope with tragedy. we see leaders of different political parties working to fix what's broken, not to score political points. we see a spirit that says no matter how bad a storm is, no matter how tough times are, we are going to make it because we are all in this together. [cheers and applause] >> we rise and fall as one nation and as one people. [cheers and applause] >> and that spirit, ohio has guided this country along its improbable journey for more than two centuries, and it's also guided us and carried us through the trials and tribulations of the last four years. in 2008 we were in the middle of two wars and the worst economic crisis since the great depression. today our businesses have created nearly 5 pine 5 millio
sending more jobs to china. china -- the chrysler owners are investing in china to boost the market there. they are not cutting back in ohio. they are investing more in the toledo area chrysler planned. the romney campaign has been asked babout it. and they stand by it. the suggestion is clear that ohio might lose jobs. host: let's play a little bit of the radio ad that talks about this. >> barack obama says he saved the auto industry, but for who? ohio or china? gm cut 15,000 american jobs, but they are planning to double the number of cars in china which means 15,000 more jobs for china. chrysler plans to start making jeeps in china. what happened to the promises made to autoworkers in ohio? this same hard-working men and women who were told the auto bailout would help them. mitt romney would welcome the auto industry baneber. mitt romney, he will stand up for the auto industry in ohio. not china. host: so that is a radio ad that we were talking about. this has been on television ads across all media markets as well. guest: what i have seen in northeast ohio, yes, there is a version of
to help the auto industry. he is supported by lee iacocca and the detroit news. obama took gm and chrysler into bankruptcy and sold chrysler to italians that are going to build jeeps in china. >> romney's new ad running in ohio claims that president obama took gm and chrysler into bankruptcy. interesting. because romney preferred a managed bankruptcy for the car companies. he claimed that jeeps are going to be built in china by italians. the ceo of chrysler found that whopper too much to bear and issued a statement to say, . >> who will be best for the auto industry? it may not be the guy whose car ad is full of holes. joining me from detroit is jonathan cone. >> thanks for having me on. when we talk cars, i get out my transformers and have this whole thing about president obama being optimist prime. is the car issues going to be the thing that turns ohio voters? >> it is a huge issue. in ohio, 1 of every 8 jobs is tied to the auto industry. the voters there, they understand how important the auto rescue, the obama's decision to provide chrysler and g.m. loans. they know how important that
have gm and chrysler, their chief furious over this line of attack centered around the auto industry. i want to play what the president said today regarding the auto ads from the romney campaign. >> you have folks that work at the jeep plant who have been calling their employers worried, asking, is it true? are our jobs being shipped to china? the reason they make these calls is because governor romney is running an ad that says so. except it's not true. everybody knows it's not true. >> and anne, in addition to not being truce, you see people in ohio taking it as cynical. they make people believe it's bad and horrible and somebody in china is about to take your job. >> that's the real risk for governor romney in running an ad like this, although obviously he had his reasons for doing so. the campaign obviously seeing ohio as does everyone as being it is lynchpin to be elected. anything he could do, if there are voters who are all right feeling skeptical of the auto bailout who might buy this, that's who this is targeted at. this is a fairly significant backlash, questioning of the fact
that made-up horror story to ohio voters, chrysler had already announced that actually they were expanding. in ohio and in michigan. they weren't pulling out. mitt romney responded to the instant fact checking not by taking it back but by turning that lie into a new ad for ohio. and then he bought extra air time for it in toledo, where ohio workers make jeeps and where being told falsely that your job's being shipped to china might be personally terrifying news. chrysler tried again to set mr. romney straight on this saying, "jeep production will not be moved from the united states to china." did mr. romney take it back? no. he turned it into another ad, a radio ad, again for ohio. and he expanded it to say the entire auto bailout has been a huge failure. that drew another company into the fact check, gm, which had been saved of course by the auto bailout. a gm spokesman telling the press, "we've clearly entered some parallel universe." also from gm, "at this stage we're looking at hubble telescope-like distances between campaign ads and reality." but here's the thing. it is one thing to l
of general motors and chrysler which in all likelihood would have been liquidated had his administration not kept them above water with a government-led rescue in 2009 is pretty popular in ohio. popularity is an obstacle to mitt romney who opposed a key part of the rescue when initiated by the bush administration and now finds himself with a stubborn polling deficit in a state he more or less has to win to win the presidency. so, the romney campaign has e a escalated their attempts to rewrite the history of the auto rescue and are now simply making things up about the current auto industry that exists today. they claim that president obama sold chrysler to italians who plan to build jeeps in china. >> who will do more for the auto industry? not barack obama, fact checkers confirm his attacks on mitt romney are false. the truth? mitt romney has a plan to help the auto industry. he's supported by lee iacocca and "the detroit news." obama took gm into bankruptcy and sold chrysler to italians who are going to build jeeps in china. mitt romney will fight for every american job. >> i'm mitt r
's lie that chrysler is moving american jobs to china. >> you've got to own what you say. this isn't a game. these are people's jobs at stake. these are people's lives. companies like g.m. and chrysler, they put a lot of time and effort and money into building up their brand and letting americans know that the american auto industry is back. and we don't want suddenly a bunch of ads saying stuff that's not true. you don't scare hard working americans just to scare up some votes. you know i tell the truth. and you know i fight for working families every single day as hard as i know how. >> president obama concluded his speech this way. >> and that's why i need you, ohio. to make sure that no matter who you are or what you look like or where you come from, what your last night is, where you started, no matter what, you can make it in america if you try. that's why i'm asking for your vote and if you're willing to work with me and knock on some doors with me and make some phone calls with me and turn out to the polls with me. we'll win this election. we'll win ohio. >> new polls show
-- the chrysler owners are investing in china to boost the market there. they are not cutting back in ohio. they are investing more in the toledo area chrysler planned. the romney campaign has been asked about it. and they stand by it. the suggestion is clear that ohio might lose jobs. host: let's play a little bit of the radio ad that talks about this. >> barack obama says he saved the auto industry, but for who? ohio or china? gm cut 15,000 american jobs, but they are planning to double the number of cars in china which means 15,000 more jobs for china. chrysler plans to start making jeeps in china. what happened to the promises made to autoworkers in ohio? this same hard-working men and women who were told the auto bailout would help them. mitt romney would welcome the auto industry. mitt romney, he will stand up for the auto industry in ohio. not china. host: so that is a radio ad that we were talking about. this has been on television ads across all media markets as well. guest: what i have seen in northeast ohio, yes, there is a version of that that runs. it has drawn a strong rebuke
come out even chrysler saying that it is not true. >> information gets out there and people see this that they were calling chrysler and general motors. are you moving jobs overseas? people care. it is last minute desperation. >> it does it work? >> sometimes it works. >> and raleigh are you going to sway people at this point. do they already know? >> they should all you really legoing to impact voters? >> still, it is been leading a hoeight-horse to water. >> if you would like to connect with michael yaki you can to sell. twitter. his handle is thamichael yaki. you can also check him out at twitter also we will have extended coverage. for our facebook and our twitter feed. >>jacqueline: some cloud coverage over the north bay. as for taking a look outside. the bay bridge toll plaza clouds are streaming in and. this evening and tomorrow it will decrease and also a decrease in fog or tomorrow. warming temperatures. through the weekend. sunday, what monday some of 80s with what about those 80s? -- on monday. for the afternoon we will warm up to the 60s. and later, we will see 70's
chrysler is going to move from jeep jobs from here to china. romney is firing back saying the way the president has managed the bailout has a failure. it's exposed taxpayers to a $25 billion loss and these companies are expanding production overseas. that's from the romney camp. they believe this could be lead to jobs being shipped overseas and they believe the ad is accurate. they believe what romney is trying do is save ohio because if he can't ring ohio, they are convinced the president will be re-elected. >> most of the analysts agree with that. four days to go, what's the mood inside the president's campaign? >> it's interesting. he unveiled a slightly new stump speech where he was fiery, and he was defiant saying if he had a second term he's not going to give into republicans on cutting taxes for the rich, major spending reductions either. take a look how he framed it. >> i am a long ways away from giving up on this fight! i got a lot of fight left in me. i don't get tired. i don't grow weary. i hope you aren't tired either, ohio. i hope you aren't tired either. >> now, as t
: trump tweeted obama is terrible negotiators. now chrysler wants to send the jeep productions to china and will. well, donald, you're wrong. he said you know, you're full of another word for dog food. >> dana: did he say that? >> bob: he use a word i can't use. >> andrea: you have come a long way baby. special programming note we'll be back on sunday for sp
had allowed chrysler, which owns jeep, to move jobs to china. then not satisfied with that, since fiat owns part -- he said -- i can't make this up. he said that the president had allowed the italians to move jobs to china. >> all right. you're listening there to bill clinton. he's in indian river high school there in chesapeake, virginia, campaigning on behalf of the president who is campaigning in the swing state of ohio. of course, if you want to see any more of clinton's speech, go to cnn.com/live right now. all right. now to the latest on superstorm sandy. there are reports that at least 22 million gallons of gas are headed to the northeast to relieve in the shortages. gas rationing got under way in new jersey in 12 counties in an effort to cut down on wait times. people there had been waiting in miles along lines for hours to gas up their cars and get fuel for their generators. >>> all right. some voters in new jersey will face a pretty big election day challenge because of superstorm sandy. five days after the storm polling station managers are working to make sure the voting go
bailout. >> it paid off in toledo, where chrysler's adding more than 1,000 new jobs on a second shift. not in china. right here in ohio. >> reporter: it paid off for him in in ohio polls. >> this morning we learned -- than at any time in the last eight months. >> reporter: it's the last jobless report before the vote. 7.9% unemployment. slightly worse. >> the president went to springfield, ohio. >> reporter: romney stopped in wisconsin where he's polling five points behind. >> candidate obama promised to do so very much. but he's fallen so very short. >> reporter: he said the president pledged unemployment down to 5% by now. >> today we learned that it's actually 7.9%. and that's 9 million jobs short of what he promised. unemployment is higher today than when barack obama took office. think of that. >> reporter: governor romney has two stops in ohio today. president obama three. and they'll both be back before tuesday. both candidates are campaigning as if any letup would mean they would lose ohio and lose the election. i'm steve handelsman, news 4. >>> early voting ends tonight in ma
with long-haul trucks. chrysler has announced they are coming out with a pickup truck. we do have some fords on the road today. if you look at europe, there are 52 makes and models of natural gas vehicles. liz: is this a chicken and egg thing? >> right. right. about 250 filling stations in california. [talking over each other] david: we actually have a couple here in new york. i got into a cab a week ago. he claimed to be one of the very few. i think you can count them on one hand. he has one filling station in southern manhattan and one in northern manhattan. there is, you will have to build out. you talked about natural gas infrastructure for homes, it is true, it exists. you do not have one for cars and trucks. it will cost billions. >> right. by that ended the year, every 250 miles, not talking about heavy-duty trucks, every 250 miles there will be a truck stop. you mentioned our friends out pilate filled the natural gas truck stops. it is not enough? no, of course not. more will be needed. liz: a lot of these gas stations do not have electricity so they cannot extract the gasoline. >> r
, unusual spectacle of the heads of general motors and chrysler rebutting campaign ads. >> right. >> from the romney campaign. they can say the first ad at least was literally true in the careful way it was wording, but it still got a pants on fire for being inaccurate. the general impact of that advertisement certainly was suggesting that jobs were going to be literally moved from ohio, jeep jobs, to china and that was not -- >> which the company denies. i've talked to obama advisors this morning who say, a, that would be a much bigger story, if not for the sandy coverage and that would be quite detrimental to the romney campaign. b, they wouldn't be running those ads in the first place if they didn't feel they were coming from behind there. there's no question the auto issue is important. interviewing governor kasic on "meet the press" said i would never side with somebody who wasn't a strong auto guy and didn't believe in supporting the companies. i think they understand that it's been an uphill climb in ohio. the romney campaign does. they like to think they're a lot closer here, but
. and also, you had gm and chrysler auto executives both coming out and condemning mitt romney. so the people who should naturally be supporting mitt romney in the last week of the campaign, they're actually supporting barack obama. and that's got to hurt. >> all right. thank you so much. i really appreciate y'all coming on. we'll see you in the next few days. thank you. >>> and developing news right now that we just referenced, janet napolitano is on the ground right now in new york city as major problems persist after hurricane sandy. lines two miles long just to get gas. >>> and we're told within the last hour, there's a four-hour traffic jam in the lincoln tunnel. we'll get a live update for you. >>> plus, congressman todd akin was abandoned by the national gop establishment over his, quote, legitimate rape comments. but now akin is putting hundreds of thousands of dollars into a major ad blitz. the question is where is the money coming from? it is just one of the things we thought you should know, and you can joinous conversation on twitter. you can find us @tamronhall and @newsnation. [
of millions of dollars in their auto plant. it paid off in toledo where chrysler is adding more than 1,000 new jobs on a second shift. not in china, but right here in ohio. right here in the united states of america. and so one of the things, when you're talking to your friends and neighbors, they're trying to make up their minds the last few days. think about that. think about the issue of trust. think about do you want a president who is going to tell you what he believes and what he thinks for somebody who is going to, you know, who is going to -- well, change the facts. after four years as president, you know me. you may not agree with every decision i've made. you may be frustrated sometimes at the pace of change. but you know what i believe. you know where i stand. you know i tell the truth. you know that i'll fight for you and your families every single day as hard as i know how. you know that. >> good morning, everybody. i'm tom here at msnbc headquarters and we're watching president obama there in hilliard, ohio, greeting fans at a campaign there giving a stump speech and bringing up
about in the past where governor romney says that chrysler is going to make jeeps in china, and the president says that the ceos of these companies have asked governor romney to stop making the ad and that governor romney is trying to scare people. the president's top two advisors came to talk to the press and said this is back-firing on governor romney and people here don't like it. it is on the covers of some newspapers around the state. no evidence that's showing up in the polls, though, so we have to see how that plays out but they are betting big that the bailout is going to pull out an ohio win for them. we'll see. >> all right. jessica, thanks. jim, thanks as well. >>> joining me now, cnn political analysts gloria borger, david gergen and chief national correspondent, john king. john, the campaigns say they are ready for late night waiting for ohio returns. what do the latest polls tell us? >> if you look at our new poll today, it tells you the campaigns are right. we've got essentially a dead heat. the president has a 50% to 47% for governor romney lead among likely
Search Results 0 to 49 of about 77 (some duplicates have been removed)